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In a prediction market, participants trade stocks whose ultimate value is determined by some clearly defined outcome in the future.
They submit orders to buy and sell in a "continuous double auction" (CDA) and trade directly with each other at the negotiated prices.
Optionally, a robot market maker can be activated to add liquidity to the order book.
Our prediction market software has been used by some clients to operate high-stakes real money markets (e.g, here), which testifies ot its robustness and reliability. We rely on it to power our own real-money market, Bet2Give.

- Market Structure:
- All-or-nothing (binary) or continuous (linear) stock payoffs;
- A stock's minimum and maximum values can be any integer, even negative.
- Stocks can be organized into topic-related groups and separately endowed tournaments;
- Users own a separate trading account for each tournament;
- Tournaments can be open to all, invitation-only, or private;
- Each tournament maintains its own ranking of participants;
- Trading Engine:
- Continuous Double Auction, with optional robot market maker;
- Real-time order matching: one-to-many / one-to-one / partial matches / multiple matches;
- Buy / Sell / Short / Cover;
- Ability to purchase fixed-price baskets of alternative stocks;
- Trading can be anonymous (or not);
- Trading history charts available at four different scales (one day, one week, one month, or full history) and three different sizes;
To experience the thrill of trading in a NewsFutures prediction market, we recommend you try either of the following websites:
Bet2Give: Our innovative charity-driven real-money prediction market
NewsFutures Prediction Market: Our flagship prediction exchange, free to play since 2000
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